8-Unit Multifamily with Private
For Sale
$3,075,000
3380 Bullock Ln, San Luis Obispo, CA 93401
Eight-unit multifamily offering private patios, updated kitchens with stainless-steel appliances, and on-site coin-operated laundry.
Property SizeContact for details
Days on Market23
Property Features for 3380 Bullock Ln
General Information
Standard status
Active
Property subtype
Investment
Additional Details
Cap Rate
4.8%
Multifamily Units
8
Amenities
on-site laundry facilities
Building Details
Year Built
1977
Listing Agency:
Colliers International Greater Los Angeles, Inc.
(805) 680-8806
Listed By:
Michael Lopus
(805) 680-8806
Source:
Elliman
Added: Jul 16
Changed: Jul 22
Last Checked: Aug 6 at 6:59AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Colliers International Greater Los Angeles, Inc.
Investment Insights
Based on property information with market context.
This 8-unit multifamily property at 3380 Bullock Ln has been maintained and upgraded with modern interiors, including luxury vinyl plank flooring and updated kitchens featuring stainless-steel appliances. Units also offer spacious open-concept living areas with private patios. The community includes abundant on-site parking and an on-site coin-operated laundry facility.
The property is located in San Luis Obispo, with convenient access noted to Downtown SLO, Cal Poly University, and major employers. The provided bikeScore is 50 (bikeable), walkScore is 48 (car-dependent), and transitScore is 22 (minimal transit). Financial highlights shared in the remarks include a current CAP rate of 4.8% and a market CAP rate approaching 5.2%.
The property is located in San Luis Obispo, with convenient access noted to Downtown SLO, Cal Poly University, and major employers. The provided bikeScore is 50 (bikeable), walkScore is 48 (car-dependent), and transitScore is 22 (minimal transit). Financial highlights shared in the remarks include a current CAP rate of 4.8% and a market CAP rate approaching 5.2%.
Key Highlights
- 8‑unit multifamily property built in 1977 in a San Luis Obispo rental market
- Updated interiors include luxury vinyl plank flooring and open‑concept living areas
- Updated kitchens feature stainless‑steel appliances
Property Analytics
Current Use
Lease Details
8
Residential units
Location Intelligence
Trade Area within ½ mile
849
Businesses Nearby
Explore this area
Business Placement
Demographics for 93401, CA
29,877
Population
14,363
Households
2.1
Avg Household Size
39
Median Age
57%
College-Educated
96%
High-School Grad
64.2 sq mi
ZIP Area
465
Density / Sq Mi
$95,386
Median Household Income
$47,898
Median Earnings
$1,859
Median Rent
$943,500
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Apartment building - Eight-unit multifamily offering private patios, updated kitchens with stainless-steel appliances, and on-site coin-operated laundry.
Where is this apartment building located?
The property is located at 3380 Bullock Ln San Luis Obispo, CA.
What is the asking price?
The asking price for this property is $3,075,000.
What are key features of this property?
This property features: 8‑unit multifamily property built in 1977 in a San Luis Obispo rental market; Updated interiors include luxury vinyl plank flooring and open‑concept living areas; Updated kitchens feature stainless‑steel appliances
